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On Friday the Quick news outlook for Ether (ETHUSD) was clear, and the outlook for a move closer to $2500 was clearly indicated.

Well, it was not exactly a surprise to see Bitcoin rise and fall over the weekend and very often that is what it does, or the reverse of course. This weekend it was up first then down later.

For most of the morning, it looked like Ether was in control of the race to the top of the crypto pile, but over the course of the past hour it has been Bitcoin that has grabbed the yellow jersey.

The rebound for Ethereum has continued again so far today. The second largest cryptocurrency has now risen close to $2100 a short while ago.

The price of Ethereum (ETHUSD) has just now fallen back below $2000.

Yesterday Ethereum fell to as low as 1931.27. The move lower accelerated once that 2k level was breached and came as a compendium of news undermined the second largest cryptocurrency.

Yesterday Bitcoin came under further pressure as the noted support level at 56,850 gave way. That breakdown paved the way for a move to as low as 55,476 late yesterday evening.

Yesterday the further rise for Ripple following the court ruling in its favour and against the SEC saw the price rocket to as high as 1.0945.

The fallout across the crypto sphere is continuing with more earnest now as both Ether and Bitcoin losses deepen.

As suspected and intimated here earlier today, Bitcoin has now clearly tripped some stops below the noted 56,850 level as it trades below the previous double bottom that had guarded the downside si